NEU NEWS why is Newmarket Corporation price falling or rising

NEU NEWS reasons for why stock price of Newmarket Corporation is falling or rising

NEU Newmarket Corporation is falling or rising technical reasons

Technical analysis forecast for Newmarket Corporation Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Newmarket Corporation NEU at this time. Stock is falling and might fall more.

It appears as if Newmarket Corporation NEU gave a large move recently.

Stock of Newmarket Corporation (NEU) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Newmarket Corporation is bearish for shortterm, and stock might move down till 543.3 or till 519. Use a stoploss of 563.47 and if the stock hits stoploss, then it can shoot up till 583.68

NEU Newmarket Corporation is falling or rising NEWS fundamental reasons

More announcements and NEWS

NEU Newmarket Corporation current price & indicator signals

Moving Averages for Newmarket Corporation

  • 5Day Average: 561.23
  • 12Day Average: 552.27
  • 20Day Average: 557.67
  • 50Day Average: 592.61
  • 100Day Average: 590.99
  • 150Day Average: 564.51
  • 200Day Average: 537.92

NEU Indicators & signals

Indicator MACD (12,26,9)

558.69, 567.95, -12.79
Indicator MACD is in negative zone

Indicator ADX (14)

11.36, 25.68, 32.27
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 43
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NEU Newmarket Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
15 Wed May 2024 561.84 556.69 to 566.88 1.25% 0.75 times
14 Tue May 2024 554.89 548.04 to 559.23 -0.82% 2.49 times
13 Mon May 2024 559.48 557.25 to 567.64 -0.92% 0.71 times
10 Fri May 2024 564.66 563.78 to 566.84 -0.11% 0.57 times
09 Thu May 2024 565.30 562.14 to 570.14 0.51% 0.62 times
08 Wed May 2024 562.45 560.17 to 566.60 0.02% 0.75 times
07 Tue May 2024 562.34 556.02 to 563.45 1.73% 1.25 times
06 Mon May 2024 552.78 548.35 to 555.90 1.08% 0.79 times
03 Fri May 2024 546.89 541.75 to 549.07 1.37% 0.93 times
02 Thu May 2024 539.52 533.27 to 543.97 1.77% 1.04 times
01 Wed May 2024 530.12 524.04 to 533.65 0.61% 0.84 times
30 Tue Apr 2024 526.92 525.35 to 539.09 -1.53% 1.14 times

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